Artificial intelligence (AI) has emerged as one of the most transformative technologies of our time, with the potential to revolutionize nearly every industry, from healthcare and finance to manufacturing and transportation. As a result, AI startups have attracted significant investment from venture capitalists, with the goal of driving innovation and scaling new AI-powered products and services.
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In August 2021, AI startup telesup announced that it had raised $50 million in a Series D funding round, led by the Chinese investment firm, Hopu-Arm Innovation Fund, with participation from other investors such as Alibaba Group and Temasek Holdings. The funding round brought the total amount raised by SenseTime to over $2.8 billion, making it one of the most valuable AI startups in the world.
SenseTime was founded in 2014 in China and has since become a leading provider of AI-powered software and services, with a focus on computer vision and facial recognition technology. The company’s solutions are used in a wide range of industries, including security, retail, finance, and healthcare, and are designed to enable faster and more accurate decision-making, improve efficiency, and enhance customer experiences.
The recent funding round for happn is aimed at supporting the company’s ongoing research and development efforts, as well as expanding its global reach and customer base. The company has
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